The Daily Tribune
Agrarian loans of 3 Davao farmers erased
The Department of Agrarian Reform (DAR) has forgiven debts totaling over P1 million each for three farmers in the Davao region.
Rodolfo Torrejos, Edgardo Romaguera, and Rico Masaglang were the beneficiaries of this debt condonation, with their individual debts erased being P1.827 million, P1.529 million, and P1.588 million respectively.
This debt relief is part of a larger program where 2,207 agrarian reform beneficiaries (ARBs) received Certificates of Condonation with Release of Mortgage (COCROM).
Senator Imee Marcos led the distribution of 2,501 COCROMs covering 2,883 hectares, effectively erasing a total of PHP150.4 million in debts for ARBs.
The event took place on Wednesday, December 11, at the Digos City Gym in Davao del Sur.
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